Enter recurring charges and automatic late fees.

I'd label that recurring maintenance, I only charge the tenant if its abnormal.

So you are not going based on the gain amount, but your are basing this on sales prices (less certain qualifying non-recurring, one-time costs to close that may be able to reduce the amount of gain realized by the IRS).

@Louis Lafata Also, if you happen to have any non-recurring expenses related to capital improvements that you ran through operating expenses (i.e. labor), be sure to break that out separately so you don't unintentionally show higher operating expenses than actual.

Causing daddy more stress anxiety, fear, petrification starts setting in.

I would also not include "other charges" unless they are regular recurring charges such as laundry etc.

I'm planning on investing in Florida (Tampa) - but I'm now having some anxiety over the process -- primarily finding a contractor.

One checking account is for all recurring expenses, including set monthly withdrawals into an emergency fund and extra principal payments on my primary home's mortgage.  

I am still learning the basics about loan options.I have very good credit (650-700) and no recurring debt payments, but I am self-employed.

Like I said he seems to be at the house less as operations seem to have moved, which has definitely helped my anxiety.